Institutional Sustainability and Innovation 2025-2026

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The Institutional Sustainability and Innovation Committee met on Wednesday, June 24, 2026 to consider the following bills:

HB 1460 (Borowski) – Creates the Health System Protection Act to authorize the Attorney General (OAG) to review certain mergers and other major transactions between health care facilities and private equity firms or for-profit entities, and to challenge in court the transactions that are likely to be against the public interest.

• A03922 (Farry) – This gut-and-replace amendment included mostly changes negotiated between the Administration, the OAG, and the four caucuses, but also includes a number of new changes from Senator Farry alone, including creating new exemptions from the bill for Real Estate Investment Trusts, hospital-owned nursing homes or other non-hospital health facilities, psychiatric hospitals, and physician-owned hospitals. Exempts a variety of transactions from being included under the bill, including loans, clinical affiliations or IP licensing agreements, and contracts for business operations unrelated to clinical care. Adds new references to the Unfair Trade Practice and Consumer Protection Law, and extends the effective date to 180 days.
• The amendment passed 8-3 (Collett, Haywood, Santarsiero)
• The bill was reported as amended 9-2 (Collett, Santarsiero)

The Institutional Sustainability and Innovation Committee met on Tuesday, June 10, 2025 to consider the following bills:

SB 84 (Argall) – Amends the Public School Code requiring facility condition assessments every 7 years. The bill went over.

SB 811 (Farry/Haywood) – Provides for a state match of the federal Small Business Innovation Research and Small Business Technology Transfer grant programs. The bill was reported as amended unanimously.

• A00988 – clarifies the program purpose to foster economic development, allows eligible applicants to have private matching funds, and allows funds to be used for technical and business assistance in addition to research. The amendment was adopted unanimously.